Finding practical uses for big data in the healthcare industry

Medical data has the potential to be transformative, if used wisely.

There's been a lot of buzz across the business world in recent years about the potential of big data to transform everything we do. By gathering more information and analyzing it in real time, organisations everywhere have the potential to transform their operations through better-informed decisions.

This is perhaps especially true in healthcare. We have reams of information available about patient health, both past and present, and if we analyse it correctly, we can use it to make people's quality of life dramatically better right away.

What if health organisations don't have the analytics savvy to tackle data themselves?

That's a very general concept, though. Healthcare organisations worldwide are still working to figure out the more granular details. What sources of information are most important to tap into? How can they help? And perhaps most importantly, what will happen if health organisations don't have the analytics savvy to tackle this challenge themselves?

Putting health data to good use

The vague notion of using business intelligence for healthcare success has gained a lot of traction in recent years, but health organisations are still struggling to figure out the precise details. What, exactly, can we achieve by tapping into big data?

According to research from Edith Cowan University, we're beginning to get a bit of clarity on this issue. A few categories of big data applications are coming into focus:

  • Supporting clinical decisions – Doctors, nurses and other health professionals have always had to make difficult decisions about patient health based on instinct and intuition. Now, they have data to drive them.
  • Controlling costs – Healthcare organisations often struggle with tight budgets as they seek to optimise patient care but also stay fiscally viable. Data analysis helps them fine-tune their decisions.
  • Modeling patient outcomes – With enough data, healthcare professionals can develop sophisticated models that show them a range of likely patient outcomes over time. With this information, organisations can make better big-picture decisions.

With all of these strategies and more, health companies can embrace a smarter future using business intelligence solutions. The trick is to use data in ways that drive real, tangible value right away.

Big data consultancies play a key role

One problem remains – at many places of business today, the knowledge of precisely how to capitalise on big data remains lacking. Health organisations often don't have the talent or the big-picture vision to make decisions about long-term improvement through analytics. Fortunately, this presents an opportunity for healthcare consulting to make an impact. Consulting services are increasingly being seen as a strategic investment in a better long-term future.

In the coming years, one of the big challenges in the healthcare business will be to find data-savvy consultants who have both the textbook learning and the hands-on experience required to steer organisations in the right direction. This requires understanding the strengths and weaknesses of data analysis technology.

Find a consultancy that's prepared to meet your business' challenges.Find a consultancy that's prepared to meet your business' challenges.

How tailored services can benefit your business

To embrace the analytics revolution and enter into a smarter, more data-driven future, it's likely that what your organisation needs is enterprise solutions for business intelligence that are tailor-made for you. Fortunately, that's precisely what we offer at AtoBI – tailored consultancy services that are perfectly attuned to your needs.

Data analysis expertise is paramount, but it's also important to have consultants on your side who are willing to listen carefully as you describe the specific challenges that you're facing. Good consulting starts with good listening, so we want to hear every detail of your business objectives before we sit down to design, develop and implement the right solutions for you.

How and why healthcare is investing more in business intelligence

There's a clear need for better medical data in the years ahead.

This is a pivotal moment for the healthcare industry in Australia. The population is not getting any younger, and as the nation ages, there will be newfound pressure on both public and private health organisations to do more with less. People will have high expectations for their medical care, but their providers may have trouble finding the resources to deliver.

The onus is on the healthcare community to continue offering premium care without incurring prohibitive costs.

This is where analytics must come in. The onus is on the healthcare community to continue offering premium care without incurring prohibitive costs. They will need advanced, high-tech ways of finding strategies that will work.

The clock is ticking when it comes to optimising healthcare strategies. The next couple of years are expected to be a boom time for health expenses, so it's imperative that the industry respond quickly.

Costs rising, pressures mounting

For those in the healthcare consulting business who are trying to analyse data effectively and optimise operations in the industry, these are high-pressure times. According to The Australian, costs are rising – the news outlet estimated that between 2015 and 2018, total health expenditures nationwide are expected to increase by 3.9 per cent.

This is happening for a few reasons. The aging of the population is certainly one of them, as the health community is struggling to find cost-effective ways of taking care of a populace that's quickly encountering an increase in age-related health concerns. In addition, technology is becoming more expensive, which places an added burden on health companies.

Can better visualisation lead to better healthcare results?Can better visualisation lead to better healthcare results?

The hope is that, through better data governance and more advanced analytical strategies, the industry can do better overall. One such strategy is the rise of "visual analytics" – in other words, using charts, graphs and images to visualise health concerns and find creative solutions. If done right, this can have a profound impact.

How health big data comes in handy

So how, specifically, can health organisations make tangible improvements to their strategies using business intelligence? According to Healthcare IT News, there are a few possible ways:

  • Better triaging. Part of any medical facility's strategy must involve optimal use of beds, staff and other resources, ensuring that no supplies and no labour go to waste. Data can help with making adjustments to this process.
  • Optimising treatments. When medical professionals see the same conditions over and over again, such as chronic diseases in patients' organ systems, they can use large samples of data to evaluate the historical results of various treatment strategies.
  • Responding to adverse events. Scary episodes like strokes, heart attacks and drug overdoses can be deadly, but they're also preventable if medical professionals have enough information to predict them and proactively keep them from happening.

The more data the medical community has, the more it can do to sniff out weaknesses in its current processes and make crucial adjustments. Better information will surely yield better long-term health for patients everywhere.

Solution consulting can bolster your organisation

If you're in charge of a healthcare organisation that's working to implement enterprise solutions for business intelligence, you surely know that the process will be slow and difficulties will arise along the way. It would behoove you to find knowledgeable consultants who can help you with whatever challenges come up. Fortunately, at AtoBI, we are able to offer just that – consultants who will do what's best for you.

We offer tailored services from professionals who take the time to listen to you and understand your business. Our goal is to know your company, anticipate your needs and deliver solutions. Contact us today, and we can begin that process.

What are healthcare organisations really getting out of big data analytics?

Everyone in healthcare should unite behind better, smarter data use.

Business leaders in just about every industry you can name are facing pressure to begin adopting solutions for big data analytics. The thinking is that with better collection and analysis of data, companies can gain a better understanding of what they're doing right and wrong, and adjust accordingly. Nowhere is this pressure greater than in healthcare, where it may actually have the potential to save lives.

What in particular should health organisations be doing with data?

The only problem is that the healthcare world is impossibly complex. There are many different stakeholders involved in treating every patient – families, friends, doctors, nurses, insurance companies, drug manufacturers and so on. It's difficult to get everyone on the same page, working together toward better patient health. It's harder still because the exact value of healthcare data is tough to pin down.

What specifically should health organisations be doing with data? What particular problems can they address, and how? Having greater clarity on this can help ensure that big data analytics adoption leads to real progress.

Where data makes a difference

There's definitely a lot of strong positive sentiment about big data in health, but the trick is finding specific applications for data. Companies that go in without a concrete plan are likely to haemorrhage money by wasting time and manpower on overly vague analytical projects.

This is why the healthcare consulting community is actively looking for ways to put data to better use. Fortunately, they are making a bit of progress. For instance, Rebecca Hermon and Patricia Williams, computer and science researchers at Edith Cowan University, have found that data in health can drive improvements in four ways:

  • Improving administration: Hospitals and other health organisations need to fine-tune their operational strategies so that no resources are wasted.
  • Clinical decision support: When is it right to pursue surgical options? When is a more conservative approach required? Data can reveal trends that will inform these debates.
  • Influencing consumer behavior: Consumers make decisions all the time about the foods they eat, exercise they get, drugs they take and so on. They have a right to know what's working and what isn't.
  • Support services: When health issues arise and patients need fast, reliable care, it helps to have data to push them in the right direction.

All of the above are areas where health organisations can get more specific with applying data. The more pointed and direct their analysis is, the more likely they are to see a positive ROI.

How adoption can promise strong ROI

ROI, after all, is the goal here. When health companies make the big move to implement enterprise solutions for business intelligence, they want to be sure they're not wasting money. The way to ensure this is to begin with specific questions in mind and allocate resources that are highly likely to address those questions.

Make sure your company's QlikView investment will really pay off.Make sure your company's Qlik investment will really pay off.

Healthcare IT News advises that organisations invest especially well in discovery. The more information they can dig up, the more accurate their findings will be in the long run. Having large, statistically significant samples of information can help ensure strong results that will improve patients' lives.

A good IT consultant can help

It can be difficult for health organisations to adopt BI solutions on the fly. When your staff is used to doing business one way, and you introduce new technology that makes them go in another direction, the transition isn't always easy. That's why tailored consulting services are so important – if you bring in professionals to help with the BI transition, you're far more likely to make the move smoothly and successfully.

When you invest in a new solution for healthcare BI like Qlik, you're taking a big step. At AtoBI, we want to ensure you take it without skipping a beat.

Big value out of big data might not come easily to your organisation

Are you getting real value out of analytics?

There's a lot of buzz across the business world about the potential of big data. The secret is out – if companies devote significant resources to collecting information, both internally and externally, they can analyse it and uncover key truths about their business that will help them achieve success.

Of course, this is only an abstract notion that makes sense in theory. Getting real results is difficult, and it requires finding answers to tough questions. How much time and money should you spend on business intelligence? What specific areas should you pinpoint? What sort of ROI should you be aiming for?

Finding these answers is the difference between a middling business and a truly thriving one in the 21st century. If they don't come naturally, there's no shame in reaching out for help.

Are you getting real impact?

It's not terribly difficult to take the initial plunge into collecting and analysing data. After all, seemingly everyone across the business world is doing it these days – sheer peer pressure alone should be enough to motivate businesses to get started.

Finding analytics answers is the difference between a middling business and a truly thriving one.

What's tougher, though, is digging deep and finding a way to ensure that your data-driven efforts achieve real results. There's plenty of research indicating that businesses are having trouble in this department – for example, McKinsey Global Institute recently estimated that retailers using data analytics could increase their operating margins by over 60 per cent, and healthcare organisations could likewise reduce costs by 8 per cent. They also found, however, that most businesses were failing to reach this full potential.

For big companies that devote massive amounts of resources to business intelligence, getting results is no problem. Amazon and Google, for example, fall into this category. Those are the elites, though. Most businesses aren't able to keep up. McKinsey estimated that three-quarters of today's organisations aren't able to achieve ROI of even 1 per cent from working with big data.

Breaking away from traditional tools

It's common for companies to hit a roadblock when they're still in the early days of their commitment to analytics. They've decided that they want to invest more in data, but they don't yet know where to begin or which specific data points to analyse. Part of the problem is that business leaders are often torn between using conventional data collection and analysis tools and devising their own strategies for addressing their specific challenges.

If you're struggling to make analytics work for your business, ask for help.If you're struggling to make analytics work for your business, ask for help.

If the conventional approach won't work, there are many information management challenges that lie ahead. Blazing a new trail into analytics requires having a plan for collecting data, cleansing it, documenting it and getting it to a point where it can be trusted and, eventually, put to use. This is a complicated process, and it's often necessary to deploy enterprise solutions that can help smooth it out.

Consider personalised big data consulting

If your company needs a little bit of personalised help with making the most of big data, there's no shame in reaching out and asking for help with the process. And, as it turns out, there's no better place to turn for business consulting in Melbourne than AtoBI, which delivers tailored consultancy services that are guaranteed to meet your needs.

We at AtoBI have a sophisticated process for designing, prototyping and developing solutions that are perfect for what you do. There is no "one size fits all" approach to analytics that will work for your organisation – instead, it's important to closely examine your business model, learn all the challenges and address them head on. That's what we aim to do.

How e-commerce organisations benefit from big data – and big data consulting

E-commerce organisations are gleaning real value from big data consulting services.

The reality of the modern-day retail industry dictates that organisations place a premium on big data analytics. The marketplace is extremely competitive and customers have become particularly discerning, which means that every little decision can have a big impact on how brands are perceived and whether stores can earn steady profits. Using data to gain a better understanding of one's clientele is essential. Without the numbers by your side, you may end up making costly mistakes.

This is especially true in the online realm, where it's more difficult to establish customer relationships. Unlike operating a store in the brick-and-mortar sense, where you're able to meet customers in person and build a rapport with each one, the e-commerce sector is unique in that numbers are all you have. The only way to understand your customers and cater to their needs is to segment people into demographic groups, study the numbers and draw conclusions from whatever trends you're able to find.

Using big data to achieve e-commerce success is a complicated process.

Using big data to achieve e-commerce success is a complicated process, however, and it helps to have well-trained professionals by your side who can help your business map out an effective strategy moving forward. Just as big data analytics are essential in e-commerce today, we're quickly entering an era in which big data consulting is equally necessary.

The value of big data in e-commerce

In a competitive business climate, e-commerce decision-makers should employ every strategic advantage they can to get ahead of their many rivals. According to Smart Data Collective, business intelligence (BI) is perhaps the most important of all those advantages. Consider the many ways in which e-retailers can benefit from leaning more on BI:

  • BI can help companies examine price data and optimise pricing strategies to get the maximum possible return from each product they sell.
  • BI can play a role in personalising interactions with customers, delivering them messages via exactly their preferred methods and communication channels.
  • For companies that fear losing customers (and who doesn't?), BI can help with ensuring customer loyalty by studying the root causes behind abandoned shopping carts.
  • In addition to examining the past and present, BI can help companies craft educated guesses about what the future might hold.

Considering all of these benefits and more, it's no surprise that retail companies have become more heavily reliant upon big data analytics.

With more analytics come greater consulting needs

While big data has become a top priority in retail, not every business leader has an innate understanding of how to make the most of BI. It can be overwhelming to look at a jumble of numbers with no clear way to use them for achieving e-commerce business success.

E-commerce consulting is becoming a major factor.E-commerce consulting is becoming a major factor.

According to TechTarget, the corporate world is evolving quickly to help solve this problem, as solution consulting for big data analytics is becoming more of a priority. The news source noted that frequently nowadays, companies work with consultants who are able to help them understand data, train their staff members, discover new business opportunities and stand out from their competitors in the field. All of these are tangible improvements that lead directly to greater profits, so they're therefore worthy of significant investment.

How consulting can benefit your organisation

If your organisation is working hard to find a competitive edge in the e-commerce marketplace, it may well be the case that investing in tailored consultancy services is the answer.

Good consulting begins with good listening. The first step toward beating the competition is bringing in consultants who can analyse and understand your business before developing solutions for the future.

Using predictive analytics to get one step ahead in healthcare

Predictive analytics can help firms to get one step ahead in healthcare.

The healthcare industry has worked diligently over the years to improve patient outcomes in a wide variety of situations. This is true both in a micro and a macro sense. With each individual patient that enters a hospital or treatment facility, doctors and nurses do everything they can to provide individualised care and help the person get better. But also, looking at the population overall, innovators in the healthcare field are intent on implementing long-term changes that can help millions of individuals.

Healthcare offers an opportunity for business intelligence solutions to shine.

Achieving the latter requires looking at large sets of data, finding trends and thinking of ingenious ways to make sweeping changes to treatment and prevention strategy. In other words, this is an opportunity for business intelligence (BI) solutions to shine. Treating one patient can make quality of life immeasurably better for that individual, but using BI for large-scale improvements in care can do a lot more.

Getting ahead of future health issues

The medical community, of course, is already hard at work on treating patients as they come, identifying symptoms and doing everything possible to improve their quality of life. According to Forbes, the underpinnings behind healthcare are now changing, however. The focus is no longer on the treatment of health conditions – it's on identifying conditions before they happen and taking measures to prevent them in the first place.

The news source emphasised that predictive analytics can go a long way in healthcare, and this begins with individual patients being open to monitoring their health on a daily basis. Smartphones play an integral role in this process. People today are using apps for counting how many steps they walk in a day, how many calories they consume and so on. This data can then be used to analyse people's lives and assess where they face the gravest health risks.

Forbes pointed out that as the "big data" trend continues to build momentum, we're only going to have more and more avenues open to us for collecting and analysing people's health information. Mobile device data, insurance records, genetic information and even people's social media updates might become fair game.

Big data consulting can have an impact

Before healthcare organisations can proceed with the full confidence that they're making smart decisions about future patient health, they may need to meet with expert professionals who can assure them they're analysing all the data in front of them in the right ways. For this, it makes sense to have a consultancy on hand that can help with data interpretation and analysis.

Big data analysis clearly has a place in healthcare.Big data analysis clearly has a place in healthcare.

According to TechTarget, it's no simple task to prepare one's staff to work with a consultancy and achieve optimum results. Consulting is a highly collaborative process – both sides must trust in one another and show a willingness to become intimately familiar with one another's processes.

Understanding your specific BI needs

Healthcare consulting is a rapidly growing field. Today's healthcare organisations are eager to tap into as much information as possible to help them make better sense of their patients and the greater world around them. Effective data use today is a clear imperative, and consultants can help make that happen.

The best consultancy services are tailored to meet the specific needs of the organisation in question. Business intelligence can be a tremendously valuable tool, but only if one has BI consultants who are able and willing to listen carefully to their clients and develop personalised strategies to meet their demands. The entire world has an interest in making sense of health data and improving patient care – working effectively with a consultancy is the next step toward making that happen.

Healthcare firms working to evaluate their data-driven investments

Data analysis is a key strategy in the modern-day healthcare industry.

These are rapidly changing times for many healthcare businesses, as new developments in modern medicine and technology have coupled with an evolving regulatory climate to make for a great deal of complication. Corporate leaders can no longer depend on the same strategies that kept them afloat 10 or even five years ago – they're forced to adapt and develop new tactics.

Often, doing so requires looking at reams of data and using it to evaluate the many options in front of them. How can they make strategic changes to their businesses that will keep costs low and revenues up? Every small modification they make may have ripple effects in numerous other areas. It's clear at this point that gut instinct alone is not enough, and that even the savviest organisational leaders might need to depend on both data analysis and outside consulting help with devising future business plans.

Getting maximum ROI from data-driven investments?

Every decision that healthcare leaders make brings both benefits and costs. When you invest in expanding an area of your business, you always have to worry that the investment might not be worth the risk.

Healthcare companies can't depend on their same strategies from 10 or even five years ago.

This is even true where big data analytics are concerned. According to Quality Digest, healthcare organisations have to think about the return on investment (ROI) that comes with each data-driven decision. Brooke Pierce, senior manager of healthcare services at Horne LLP, told the news source that as technology evolves and the regulatory climate changes, these choices only become tougher.

There are many examples of how data analysis can help healthcare companies improve:

  • Medical decision-making – Patient health always comes first. Are companies making good decisions for the sake of people's quality of life?
  • Administrative costs – Are they spending optimally on the talent they need to run effectively?
  • Detecting and preventing fraud – Fraudulent medical claims happen all the time, and according to Business Insurance, they can be costly. Can data help detect them?

All of the above are worthwhile pursuits, but it can be difficult to calculate exactly what price tag should be attached to them. Fortunately, this is where healthcare consulting can help.

Consultants help navigate untrod territory

Healthcare organisations today have the potential to make smarter decisions than ever before. They've never had this much data available to them, and analytics represents an incredible opportunity.

According to TechTarget, this opportunity exists not just for health companies, but for consulting providers. Because big data is so new to so many business leaders, there may well be a need for qualified IT experts to weigh in and share their experience and skills in a way that benefits their clients.

There are numerous steps that go into the effective use of big data in health, beginning with data warehousing and also including analysis, visualisation and ultimately decision-making. The best consultants are those who can provide guidance at every single step of the way, using their knowledge to show where business intelligence solutions can provide the most positive impact.

Tailored consulting services are essential

Staying competitive in a crowded healthcare marketplace requires paying attention to the latest trends, making smart decisions and scaling out solutions to fit companies of all sizes. In some situations, large-scale enterprise solutions are necessary for meeting high demand in a timely fashion.

For this, there's no alternative to tailored consultancy services that are designed to fit the specific needs of your business. Good consulting starts with good listening – the first step of the process is to analyse your organisation and assess your BI needs. From there, it's time to work together and find a solution.

Interest in business intelligence grows as Aussie companies invest

Get your whole team on board with your BI plans.

When companies spend the money to purchase new business intelligence solutions – such as QlikView, for example – they don't view it simply as an expense, like paying rent on their building or taxes to the ATO. Rather, they see it as an investment in a stronger future. They may be paying money now, but in the long run, they expect to make that cash back many times over in the form of greater revenues.

We're right in the middle of a major inflection point in the BI growth curve.

That's the thinking that's been driving an surge in BI investment over the last few years. A quick glimpse at the Australia and New Zealand markets reveals that this region of the world has been right in the thick of a larger global movement. As the benefits of BI investment continue to reveal themselves, it's likely that this movement will continue growing.

In fact, in 2016, we're in the middle of a major inflection point in the BI growth curve.

Investment growing by leaps and bounds

Business technology is always rapidly evolving, and it seems like corporate CTOs are constantly finding new areas to redirect their investment dollars. But lately, they've been sticking to one key priority, and it's business intelligence solutions. Computerworld recently reported that according to Gartner data, Australian and New Zealand businesses are going to be heavily increasing their BI investment between 2015 and 2018.

"Over the years, we've established clear best practices for business intelligence and information management," Gartner vice president Andrew White said. "Our informal surveys at Gartner events indicate that two-thirds of organisations have created a BI competency centre, or broader information management competency centre."

The investment money is there along with the strategic realignment. Gartner projects that in 2015, Australian companies spent $694 million on BI and analytics, and New Zealanders spent $94.2 million. Between now and '18, double-digit growth rates are expected in both countries.

Preparing your organisation for BI deployment

Once you've been watching this movement for long enough, it's hard to resist – eventually, you've got to scratch the itch and begin using enterprise solutions for BI at your place of business. It's important to note that deployment can get tricky, however.

Make sure your staff is ready to optimally use BI.Make sure your staff is ready to optimally use BI.

Enterprise Apps Today advises taking a few key steps to make BI work for your organisation. The first is to establish a clear use case. In other words, why specifically are you investing in BI, and how can you prove that the move will generate good ROI? Making this clear will help you get support from upper-level business executives.

Beyond that, it's also crucial to identify the primary users of BI and make sure they have all the tools they need to succeed. Whether it's data analysts, IT specialists, marketing/sales coordinators or anyone else, every team member with access to your company's analytics should have all the resources they need to use them efficiently.

We have consultants who can help

The stakes are high when it comes to BI investment. A successful deployment can mean a better business and the potential for tremendous profits, whereas a few missteps can lead to a low ROI and a rough patch for your organisation. Considering the risk involved, it makes sense to reach out for a little help with ensuring a smooth implementation.

At A to BI, we are pleased to offer precisely that help. We provide solution consulting that's tailored to meeting your business' specific challenges. Whatever questions you're hoping to answer with BI, we hope to give you just the guidance you need to answer them. Contact us today, and we'll get to work on formulating analytical solutions for you.

How can your business benefit from BI consulting help?

You've invested a lot in IT consultants. You want it to pay off.

The problem with delving into business intelligence (BI) is that you're often looking to teach a great deal of niche technical knowledge to a staff of people who aren't necessarily prepared to learn it. If you have a team of employees in place who are used to doing work a certain way, and then you flip the script have them learn a new approach, there's sure to be a learning curve. This is especially the case if your workers aren't very tech-savvy to begin with.

It's common these days for companies to bring in help in the form of IT consultants.

For these reasons and many more, it's common these days for companies to bring in help in the form of consultants who specialise in IT training. If you have experts in house who are available to bring your employees up to speed, the whole process is likely to become much smoother.

There is a caveat, though. Before you start to bring in consultants, you should be sure that you already have specific goals in mind. This way, your tech specialists can narrow their focus and concentrate on getting tangible results for your business.

What a good consultant can do

You don't want to get started with a consultancy – especially not in a niche market like healthcare consulting, where margins are thin and time is money – without first drawing up a specific plan. It's unwise to waste resources if you're not prepared yet.

According to research from PricewaterhouseCoopers, there are a few specific ways that bringing in tech consulting help should boost your business. They include:

  • Finding your strategic direction: What business intelligence solutions should you use, and why? A consultant can help you start off on the right foot.
  • Gathering and managing data: Your quest begins with finding appropriate data sources to start from. Past that, you need to collect data efficiently and manage it well.
  • Performing detailed analyses: Once you have the relevant data you need, it's time to analyse it and find revealing trends. A good consultant will know what to look for.
  • Maintaining data security: You can never be too careful about your data in today's cyberclimate. It might be wise to ask for help safeguarding your proprietary information.

All of the above initiatives should have a tangible, positive impact on your company's bottom line. Why not invest in them?

Focusing on strong relationships

According to Inc. Magazine, a great consultant is someone who really strives to build relationships with people inside the company they work for. Obviously, your long-term goal as a consultant is to help your client streamline operations and make more money, but that's for the future. One day at a time, the most important thing is to get to know people and understand their challenges.

Great consultants are focused on building strong professional relationships.Great consultants are focused on building strong professional relationships.

The better you know people, the more you can do to identify specific gaps in their knowledge and fill them in. If there are particular business intelligence solutions that people are struggling with, a good consultant can step in and offer them the guidance they need to improve. This is only possible if you have consultants who are willing to get up close and personal.

Our approach to improving your business

For the above reasons, we believe at AtoBI that the secret to business intelligence success lies in solution consulting. Before you can get strong results, you first need to work with IT experts who can listen carefully to your staff, understand the pain points you're facing and look hard for solutions.

Whether you're using Qlik or designing your own BI solution, you want people on your side who can help you master analytics and get tangible results. At AtoBI, we have years of experience doing just that. Talk to us today about how we can bolster your business.

Back to business: Emphasising the B in BI

Tech platforms can be a major ally when it comes to business improvements but you need to have clear strategies in place first.

In such a digitally advanced society we've become accustomed to the notion that for every business need there is an app to match. And while we are lucky to live in a world where this is true to some extent, every digital component relies heavily on something that can not be replicated by any software or platform: business strategy.

Tech doesn't exist in a vacuum. It lives among much more complex human processes – from expectations to understandings. A business intelligence solution is only as good as the business skills that back it.

To move forward with your BI tools in the best way possible, you first need to create solid strategies. To move forward with your BI tools, you first need to create solid strategies.

Data-driven projects are not reaching their full potential for this very reason. According to a study by Pricewaterhouse Coopers (PwC), over 40 per cent of businesses derive little substantial benefit from their data and 23 per cent receive none at all.

While companies have access to high-performing tech they are not putting in the groundwork to support data-backed business projects.

The bottom line: It's time to put the business back in business intelligence. Here's how it's done:

Define your goals: In order to truly emphasise the business in business intelligence you need to get a firm grasp on what your business purpose is for a given project and the value it provides your organisation. Gather the major players on your team, drop the tech and have a conversation about your goals.

Understand your data: It's important to determine what data you will need to be looking at within your BI platform, what it means and how to measure your successes and failures. This will require another strategy session with your team.

Let these decisions drive you: Now that you have specified what you want and how to identify success, stick to the plans you set. Don't let the data overwhelm you. Be smart and focused when it comes to the use of your BI tools and make sure everything you are doing is driven by your pre-defined business objectives. 

Leverage the help of AtoBI today

Companies across Australia are adopting business intelligence solutions like Qlik at a rapid rate. They have the tools ready but now it's time to take these investments to the next level by emphasising the business in business intelligence.

AtoBI has years of experience focusing on just that. Our consultancy services can provide your team with the expertise and focus you need to make the most of your BI data. So – what are you waiting for? Get in touch with one of our consultancy reps today!